I watched it and i understand what he is saying, i really don't think it's fake.
He wasn't trying to sell anything clearly, he was actually telling people that it's a high risk business because they spent 71K in ads to make 250k from adsense but if adsense closed their account they would end up losing the 70k. He also talked about the servers costs etc..
It was more a warning to his followers basically saying that they shouldn't think it's as easy as it looks like and that you can't do that unless you're willing to spend money you can afford to lose. I don't know much about traffic arbitrage so i can't say if his doing it right but the way he's talking makes me think he knows his shit